Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.120%
Price spread now: KuCoin against Binance−0.072%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$340as in the Price arb table
costs, in and out, $10k−$3313.312% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.072%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.083% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HEMIUSDT | 0.006500 | 0.0100 | pay 0.0050% / 4h | 44m 24s | $6.4M | $10.3M | 20x |
| Short | KuCoin HEMIUSDTM | 0.006495 | 0.0100 | get 0.0050% / 4h | 44m 24s | $829K | $1.7M | 20x |
Binance HEMIUSDT
KuCoin HEMIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.072% → +0.011%
- −$8.31
- Slippage, 4 orders
- −$309.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$339.56
- Costs to cover
- 3.312%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 10 min ago | 0.77 bp | 17.2 bp −$17 | 123.6 bp −$1,236 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 12.31 bp | 142.8 bp −$143 | doesn't fit | doesn't fit | doesn't fit |
HEMI on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HEMIUSDT | +0.0100% | 4h | 0.006495 | −0.076% | $75K | $36K | 5x | as long as short |
| Binance HEMIUSDTlong | +0.0100% | 4h | 0.006500 | long leg | $6.4M | $10.3M | 20x | |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006493 | −0.102% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006500 | +0.005% | $497K | $231K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006497 | −0.041% | $1.7M | $288K | 50x | as long as short |
| KuCoin HEMIUSDTMshort | +0.0100% | 4h | 0.006495 | −0.072% | $829K | $1.7M | 20x | |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006499 | −0.010% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006487 | −0.192% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006643 | +2.205% | $1K | $1.1M | 20x | as long as short |
| Extended HEMI-USD | +0.0104% | 1h | 0.006497 | −0.047% | $17K | $516 | 5x | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
Gate HEMI_USDT
MEXC HEMI_USDT
BingX HEMI-USDT
Variational Omni HEMI
SunX HEMI-USDT
Extended HEMI-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDT | +0.0123% | 4h | 0.006499 | −0.010% | $351K | $66K | 20x | as long as short |
| Hyperliquid HEMI | +0.1012% | 1h | 0.006510 | +0.159% | $1.0M | $296K | 3x | as long as short |
BloFin HEMI-USDT
Hyperliquid HEMI